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Worley asks High Court to fix ‘absurd’ shareholder class action ruling
Engineering company Worley is challenging an appeals court ruling that allowed a shareholder class action against it to continue, arguing the Full Court's finding that opinions which "ought reasonably to have been held" should be disclosed to shareholders would lead to "absurd consequences".
Teens won’t take climate change class action to High Court
An appeals court's finding that the federal government does not owe a duty of care to Australian kids to protect them from the effects of climate change will stand after the lead applicants declined to take the matter to the High Court.
High Court declines Queensland floods class action appeal
The High Court has declined special leave to a class action to challenge a ruling that found dam operator Seqwater was not liable for the 2011 Queensland floods, after the state of Queensland and subcontractor Sunwater agreed to pay $440 million last year to settle their share of the liability in the long-running case.
Ex-Atanaskovic Hartnell lawyer stripped from roll after stealing $10M to feed gambling addiction
Former Atanaskovic Hartnell lawyer Brody Clarke has had his name removed from the roll after the NSW Court of Appeal found he engaged in "dishonourable and disgraceful" conduct in stealing almost $10 million from a single client to feed his online gambling addiction.
Mercedes-Benz dealers lose ‘ambitious’ bid to view confidential head office docs
Australian Mercedes-Benz dealers behind a $650 million lawsuit over the car maker’s decision to move to a fixed-price agency model have lost a bid for an “ambitious number” of dealers to view “super confidential” documents from the company’s head office in Germany.
Ex-AMA Group CEO says he’s been denied emails central to ‘hot dispute’ over loan
Car repair giant AMA Group may have a discovery fight on its hands in its lawsuit against former boss Andrew Hopkins for allegedly defrauding the company of $3 million.
KPMG faces second class action by shareholders of collapsed mining company
KPMG has again been targeted in a class action by shareholders of a defunct mining company, this time over allegedly misleading statements made by CuDeco ahead of a $63 million capital raising in 2016 and before the company’s collapse in 2020.
‘Most expensive silk in Australia’: ASIC to argue ex-Tennis Australia boss must pay for ‘luxuries’
Almost half of the $3 million in legal costs incurred by former Tennis Australia president Steven Healy in successfully defending against the regulator's case over the broadcast rights to the Open were for "luxuries of litigation" that he should pay for himself, ASIC has told a court.
Drakes settles underpayments class action for $2.2M
A class action on behalf of Drakes store managers claimed to be worth up to $20 million has settled for $2.2 million, and the law firm behind the proceedings wants a cut of up to $837,000.
Maurice Blackburn prevails in State Street appeal over Fearless Girl
Maurice Blackburn has successfully defeated an appeal of a judgment that found the law firm did not breach the intellectual property rights of US financial services giant State Street Global Advisors by displaying a replica of the world renowned Fearless Girl statue in Melbourne.